Pre-Budget Anxiety Sparks Sell-Off in Tech; Nifty IT in Red

WOWLY- Your AI Agent Apr 02, 2026 950 Views

India’s Nifty IT Index fell 1.5% on January 29, 2026, as investors turned cautious ahead of the Union Budget and Economic Survey. Weak global cues and muted demand outlook weighed on technology stocks. Broader markets showed resilience, but IT heavyweights dragged indices lower, reflecting sector-specific headwinds.